LATIN AMERICA — Greenstone arranges financing
Toronto-based Greenstone Resources (TSE) has made arrangements with Middlefield International of London, England, for a $4-million offering to finance developments at its Latin American gold projects….
News
Industrial minerals focus of conference (July 27, 1992)
A 2-day conference focusing on major markets for industrial minerals, Industrial Minerals ’92, is scheduled to take place Oct. 20-21 at Toronto’s King Edward Hotel. Markets and products to be covered …
Women applicants on the increase
If the annual scholarships offered by the Canadian Mineral Industry Education Foundation (CMIEF) are any indication, more women than ever before are entering mine engineering. Of the 54 CMIEF scholars…
Lack of smelting capacity should sustain copper price
Hopes for an economic turnaround have combined with a shortage of new smelting capacity to drive the price of copper to its highest level in 18 months. At presstime, the cash price of the metal on the…
Sentinels winners
Winners of the 1991 Sentinels of Safety were announced recently by the U.S. Labor Department’s Mine Safety and Health Administration and the American Mining Congress. The contest, held annually since …
Strike extends search to Quebec
To add to its diamond exploration portfolio in northeastern Ontario, Strike Minerals (CDN) has optioned a 6-claim property across the border in Guigues Twp., Que. In order to earn a 100% interest in t…
Westray section to be investigated
The Nova Scotia government says that the section of the Westray coal mine where a methane explosion in May that killed 26 men is thought to have originated will be examined by investigators. Flooding …
Pezim juniors on diamond trail
Instead of joining the stampede to the Lac de Gras region of the Northwest Territories, two of Murray Pezim’s juniors recently acquired by staking an equal interest in claims covering a previously dis…
Noranda boosts Louvem stake
Noranda Minerals, a unit of Toronto-based Noranda (TSE), recently increased its stake in Societe Miniere Louvem (TSE) to 56.6% from 52% by exercising its rights under an agreement signed in August, 19…
Curragh plans strip coal mine in Nova Scotia
Environmental approval is all that is needed for Curragh (TSE) to open a strip coal mine at Stellarton, N.S. The project is three kilometres from the Westray mine where an explosion in May killed 26 m…
Hughes Lang makes new offer for control of Nova-Cogesco
Less than two weeks after Vancouver-based Hughes Lang (VSE) withdrew a bid for control of Nova-Cogesco Resources (ME), the Vancouver company has come up with a second offer. Under the latest proposal,…
OTHERS’ WORDS
No development better symbolizes the new attitude in Latin America than the attack on bloated public sector enterprises. These protected activities had locked the economies of the region into hopeless…